It is currently at a pivotal moment where RSI walks under MAs in CBIndex. Other indicators such as Aroon and Derivative Oscillator also indicate bearish movement.
The time cycle suggests a potential end at this moment of the current fall. The next fall will happen around the beginning of Jan, which may lead to a bullish opportunity this month.
We'll see.
The symbol seems to be in a pivotal moment, where the price level was steadily climbing while the DO indicated a down-term trend.
A possible ending may be reached by the end of November.
For an uptrend opportunity, wait to see if the RSI line can pivot upside and cross the two MAs in CBIdex.
